3217 TURNER Street Philadelphia, PA 19121
MULTI_FAMILY - PHILADELPHIA, PA
Property Features for 3217 TURNER Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Driveway, On Street
- Standard status
- Active
- Size
- 1,752 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5260
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1915
- Number of units
- 2
- Building materials
- Masonry, Brick, Stucco
Listing agent Melissa Rae Theodule (267) 980-1180
Listing office Redfin Corporation 993 Old Eagle School Road unit: 417, Conshohocken, PA (484) 962-0034
Listing date Dec 30, 2025
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The home is located at 3217 TURNER Street in Philadelphia, PA 19121. The listing notes the property is in the Strawberry Mansion area, described as secluded in the public remarks.
For buyers seeking a multi-unit residential income property, the existing unit configuration provides three distinct 2-bedroom spaces in one asset. On-site features such as off-street parking, central A/C, and basement storage add practical value for day-to-day tenant needs. The property’s fully rented status may be appealing to those looking to acquire an income-producing triplex without first arranging unit occupancy.
Key Highlights
- Fully rented triplex rowhome with three 2‑bedroom units
- Built in 1915 with masonry brick and stucco construction
- Central heating and central A/C
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.2k | $25.80 |
| − Vacancy | −$2.5k | −$1.42 |
| EGI | $42.7k | $24.38 |
| − OpEx | −$12.8k | −$7.31 |
| NOI | $29.9k | $17.06 |
